Trupanion (NASDAQ:TRUP) CEO Margaret Tooth Sells 1,000 Shares of Stock

Trupanion, Inc. (NASDAQ:TRUP) CEO Margaret Tooth sold 1,000 shares of the business’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $25.84, for a total transaction of $25,840.00. Following the transaction, the chief executive officer owned 184,952 shares in the company, valued at approximately $4,779,159.68. This represents a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Margaret Tooth also recently made the following trade(s):

• On Friday, September 11th, Margaret Tooth sold 1,000 shares of Trupanion stock. The stock was sold at an average price of $25.00, for a total transaction of $25,000.00.
• On Tuesday, August 25th, Margaret Tooth sold 491 shares of Trupanion stock. The stock was sold at an average price of $31.84, for a total value of $15,633.44.
• On Tuesday, August 11th, Margaret Tooth sold 978 shares of Trupanion stock. The shares were sold at an average price of $29.05, for a total value of $28,410.90.

Trupanion Stock Up 1.1%

TRUP stock traded up $0.28 during mid-day trading on Tuesday, hitting $26.57. The stock had a trading volume of 273,520 shares, compared to its average volume of 440,041. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.24. Trupanion, Inc. has a 1-year low of $21.16 and a 1-year high of $46.98. The company has a fifty day moving average of $26.95 and a 200 day moving average of $25.51. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 50.13, a PEG ratio of 1.80 and a beta of 1.44.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. The company had revenue of $392.93 million during the quarter, compared to the consensus estimate of $389.72 million. Trupanion had a return on equity of 5.96% and a net margin of 1.53%. The business’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the business earned $0.22 EPS. On average, equities analysts expect that Trupanion, Inc. will post 0.63 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have issued reports on TRUP. Stifel Nicolaus lifted their target price on shares of Trupanion from $28.00 to $29.00 and gave the company a “hold” rating in a research note on Thursday, August 20th. Weiss Ratings upgraded shares of Trupanion from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, September 29th. Piper Sandler lowered shares of Trupanion from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $45.00 to $32.00 in a research note on Wednesday, August 26th. Atlantic Securities set a $42.00 price target on shares of Trupanion in a report on Wednesday, July 15th. Finally, Zacks Research lowered shares of Trupanion from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 24th. One investment analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Trupanion presently has an average rating of “Hold” and a consensus price target of $38.40.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. WINTON GROUP Ltd boosted its holdings in Trupanion by 25.2% during the second quarter. WINTON GROUP Ltd now owns 47,749 shares of the financial services provider’s stock valued at $1,183,000 after acquiring an additional 9,596 shares during the period. Squarepoint Ops LLC grew its position in shares of Trupanion by 0.7% in the second quarter. Squarepoint Ops LLC now owns 71,382 shares of the financial services provider’s stock valued at $1,768,000 after purchasing an additional 482 shares during the last quarter. Arizona State Retirement System grew its position in shares of Trupanion by 7.7% in the second quarter. Arizona State Retirement System now owns 9,587 shares of the financial services provider’s stock valued at $237,000 after purchasing an additional 688 shares during the last quarter. Susquehanna Fundamental Investments LLC bought a new position in shares of Trupanion in the second quarter worth about $1,679,000. Finally, Bank of America Corp DE bought a new position in shares of Trupanion in the second quarter worth about $14,262,000.

Trupanion Company Profile

Trupanion, Inc is a pet insurance company that provides medical insurance for cats and dogs. Its coverage is designed to help pet owners manage eligible veterinary expenses, including treatment for accidents, illnesses and other covered medical conditions.

The company offers subscription-based insurance plans primarily through direct-to-consumer channels and partnerships with veterinary practices. Trupanion also provides tools intended to streamline claims processing and enable participating veterinarians to receive payments directly, reducing the need for pet owners to pay eligible costs upfront and seek reimbursement.

Founded in 2000, Trupanion is headquartered in Seattle, Washington.